Lesson Plan

Cha-Ching Lesson Plan

Students will analyze a sample pay stub and create a basic budget for a first paycheck, learning to allocate earnings to expenses, savings, and discretionary spending.

Understanding pay stubs and budgeting helps students develop essential financial literacy skills, promotes responsible money management, and prepares them for real-world financial decisions.

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Time

Approach

Materials

Prep

Prepare Materials

10 minutes

Step 1

Introduction and Objective Overview

5 minutes

Step 2

Examining a Pay Stub

5 minutes

Step 3

Budgeting Activity

15 minutes

Step 4

Debrief and Reflection

5 minutes

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Slide Deck

Cha-Ching! Your First Paycheck

Lesson Objectives

Key Financial Terms

Understanding a Pay Stub

Budgeting Activity Instructions

Budget Categories

Reflection & Debrief

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Worksheet

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Worksheet

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Activity

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Kate Mills

Tier 1
For Schools
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